NOT LISTED FOR SALE

2918 SW 38th Ave Miami, FL 33134

Southeast Gables Neighborhood

Estimated Value: $896,000 - $1,338,000

5 Beds
3 Baths
2,140 Sq Ft
$546/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $382,500 $179 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $7,323/month

141 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2015

GREAT SPACIOUS DUPLEX! UNIT# 1 FEATURES 3 BEDROOMS, 2 BATHS, FAMILY & LAUNDRY. UNIT #2 FEATURES 2 BEDROOMS, 1 BATHS, FAMILY & LAUNDRY.

Last Agent to Sell the Property

Liliam Brito

A & B Realty Investments Inc License #3025511 Listed on: 02/25/2015

Last Buyer's Agent

Maria Hernandez

MMLS Assoc.-Inactive Member License #0595098

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 1948

Lot Details

  • 7,841

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property
  • Vertical Blinds
  • Tile Flooring

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Rlty Sec Corp Of Coco Gr Condos
  • Rlty Sec Corp Of Coco Gr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-17-003-1050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,348

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RLTY SEC CORP OF COCO GR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2140
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Verticals

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RLTY SEC CORP OF COCO GR
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-17-003-1050
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5348

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
May 13, 2015
Sold by
Batista Eduardo
Bought by
Ramirez Elina M
Seller's Agent
Liliam Brito
A & B Realty Investments Inc
Buyer's Agent
Maria Hernandez
MMLS Assoc.-Inactive Member
List Price
$420,000
Sold Price
$382,500
Premium/Discount to List
-$37,500
-8.93%
Current Estimated Value
$1,168,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,933
Avg. Annual Appreciation
11.34%
Original Mortgage
$300,000
Outstanding Balance
$233,431
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$920,563

Purchase Details

Listed on
Feb 25, 2015
Closed on
Mar 20, 2015
Sold by
Labarcena Arnoldo
Bought by
Batista Eduardo A
Seller's Agent
Liliam Brito
A & B Realty Investments Inc
Buyer's Agent
Maria Hernandez
MMLS Assoc.-Inactive Member
List Price
$420,000
Sold Price
$382,500
Premium/Discount to List
-$37,500
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$233,431
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$920,563

Purchase Details

Closed on
Aug 31, 2004
Sold by
Tapanes Myrna and Tapanes Frank
Bought by
Labarcena Arnoldo and Tapanes Odelsa Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2001
Sold by
Juan C Vega I
Bought by
Tapanes Frank and Tapanes Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 4, 1998
Sold by
Vega Juan C
Bought by
Vega Juan C and Vega Loretta C

Purchase Details

Closed on
Sep 5, 1997
Sold by
Costales Jorge A and Costales Gloria M
Bought by
Vega Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,572
Interest Rate
7.43%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 19, 1994
Sold by
Santos Orlando and Santos Matilde
Bought by
Costales Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
8.48%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramirez Elina M $382,500 None Available
Batista Eduardo A $56,000 None Available
Labarcena Arnoldo $190,000 --
Tapanes Frank $174,000 --
Vega Juan C $100 --
Vega Juan C $100 --
Vega Juan C $100 --
Vega Juan $143,000 --
Costales Jorge A $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Elina M $300,000
Previous Owner Labarcena Arnoldo $40,000
Previous Owner Labarcena Arnoldo $330,000
Previous Owner Labarcena Arnoldo $66,000
Previous Owner Labarcena Arnoldo $190,000
Previous Owner Tapanes Myrna $14,500
Previous Owner Costales Jorge A $116,572
Previous Owner Costales Jorge A $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $382,500 -8.9% $179 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $420,000 -- $196 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,488 $548,397 -- --
2024 $10,045 $516,207 -- --
2023 $10,045 $457,588 $0 $0
2022 $10,681 $444,694 $0 $0
2021 $9,349 $404,268 $259,116 $145,152
2020 $8,891 $405,418 $259,116 $146,302
2019 $8,441 $406,595 $259,116 $147,479
2018 $8,303 $407,770 $259,116 $148,654
2017 $7,261 $306,870 $0 $0
2016 $7,483 $308,045 $0 $0
2015 $5,618 $256,791 $0 $0
2014 $5,349 $243,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Liliam Brito

    A & B Realty Investments Inc

    (305) 607-1732

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2015

    Maria Hernandez

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2077718

MIAMI REALTORS® MLS

APN: 01-4117-003-1050

Florida Miami/Dade County Miami 33134 Southeast Gables

2918 SW 38th Ave, Miami, FL

This home is located at 2918 SW 38th Ave, Miami, FL 33134 since 25 February 2015 and is currently estimated at $1,168,433, approximately $545 per square foot. This property was built in 1948. 2918 SW 38th Ave is a home located in Miami-Dade County with nearby schools including Frances S. Tucker Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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